Why I left Engineering/IT

I didn't leave because it was hard.
I left because it was no longer worth it.

Saturday, December 31, 2011

My Investment Portfolio (December 2011)

December 2011 was another quiet month. Trading volume was also miserably low as most investors are having their year-end holiday. STI lost further ground to finish the year at below 2650 points.

For this month, I have attended the following AGMs/EGMs - SPH, Global Investments, Mirach Energy, Hoe Leong, Unified Communications, Pacific Shipping Trust, Latitude Tree, Armarda, NEL, Asia Water, Miyoshi and Beyonics. It was an emotional farewell at the scheme meeting as Beyonics shareholders bid farewell to Mr Chay and his fellow board of directors after scheme had been approved. There was drama at Miyoshi AGM as the resolution for directors' fee had been defeated by poll.

There are not much changes in my top 30 holdings list this month, due mainly to inactivity in the market.

I have participated in the following rights issue - GMG Global. I have accepted the following voluntary delisting offer - Pacific Shipping Trust. My shares in Hsu Fu Chi had also been acquired via Scheme of Arrangement.

I have participated in the following scrip dividend schemes - SP AusNet, Tai Sin and Second Chance Properties. I also converted the following convertible bond into shares - WBL Corp.

January 2012 is also expected to be a short month due to the Chinese New Year holidays. There is also not much corporate action expected as companies with financial year ending December 2011 will be finalizing their full-year results. I will seek to re-invest my proceeds from Pacific Shipping Trust and Hsu Fu Chi prudently when opportunities arises.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 30 December 2011)

About Me

A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!